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Red Flags Detected

  • Staking Concentration (new) — The Trust stakes over 94% of its SUI holdings, which are subject to unbonding periods and cannot be moved or traded during that time, potentially limiting the Trust's ability to meet redemptions.
  • Sui Foundation Lock-up and Share Ownership (new) — The Sui Foundation holds 500,000 Shares subject to a one-year lock-up; after expiry, redemptions could create selling pressure on the Trust's shares.
NASDAQ: TSUI 21Shares Sui ETF 424B3

21Shares Sui ETF (TSUI) files 424B3; trust holds SUI at $12.6M fair value, down 58.68% since inception

Filed August 13, 2026 · ~1 min read

Key Changes

  • high

    The Trust's net asset value fell 16.26% in Q2 2026 to $12,637,858, driven by a 20.45% drop in SUI price.

    Management’s Discussion and Analysis verify on EDGAR →
  • high

    Since inception, the Trust's total return at net asset value is -58.68%, with SUI price declining from $1.69 to $0.70.

    Notes to Financial Statements verify on EDGAR →
  • high

    The Trust stakes 94.75% of its SUI holdings, exposing it to slashing and liquidity constraints during unbonding periods.

    Notes to Financial Statements verify on EDGAR →

2 more material changes behind this preview — plus the full narrative summary, section-by-section diffs against the prior filing, and verbatim quotes with EDGAR citations.

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Figures/quotes linked to EDGAR · Narrative written by AI · Sep 1, 2026 · How we verify